Statewide card payment processing contract with Elavon extended
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Description
The committee backed a $50,000,000.00 amendment to Elavon, Inc.’s statewide merchant services contract, bringing the total to $218,600,000.00 and exercising remaining option years through FY31. The agreement maintains debit and credit card processing for state departments.
Contract Details
Contract Amount
$50,000,000.00 Amendment (New Total $218,600,000.00)
Vendor
ELAVON INC
Agency
Michigan Department of Technology, Management and Budget|Administrative Board, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
FY26–FY31
Renewal Date
2031-09-30
Renewal Info
Remaining option years exercised to continue service through FY31.
More from ELAVON INC
Issuing Agency
State
Lansing, MI
More from Michigan Department of Technology, Management and Budget|Administrative Board
Michigan State Administrative Board Meeting Minutes May 12 2026
Michigan State Administrative Board Meeting Minutes May 12 2026
Michigan State Administrative Board Meeting Minutes May 12 2026
Michigan State Administrative Board Meeting Minutes May 12 2026
Michigan State Administrative Board Meeting Minutes May 12 2026
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